Jones Financial Companies Lllp Raises Position in Uber Technologies, Inc. $UBER

Jones Financial Companies Lllp raised its holdings in Uber Technologies, Inc. (NYSE:UBER) by 10.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 287,768 shares of the ride-sharing company’s stock after purchasing an additional 26,666 shares during the quarter. Jones Financial Companies Lllp’s holdings in Uber Technologies were worth $28,330,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Kilter Group LLC acquired a new stake in Uber Technologies in the second quarter valued at $26,000. Westend Capital Management LLC acquired a new stake in shares of Uber Technologies in the third quarter valued at about $27,000. Trust Co. of Toledo NA OH purchased a new stake in Uber Technologies during the second quarter worth about $30,000. Total Investment Management Inc. acquired a new position in Uber Technologies during the second quarter worth about $32,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new position in Uber Technologies in the third quarter valued at about $34,000. Institutional investors and hedge funds own 80.24% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Prashanth Mahendra-Rajah sold 5,500 shares of the firm’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $94.41, for a total transaction of $519,255.00. Following the sale, the chief financial officer owned 20,330 shares in the company, valued at $1,919,355.30. This trade represents a 21.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Tony West sold 3,125 shares of the stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $83.50, for a total value of $260,937.50. Following the transaction, the insider owned 176,584 shares in the company, valued at $14,744,764. This trade represents a 1.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 14,875 shares of company stock worth $1,319,130. Corporate insiders own 3.70% of the company’s stock.

Key Headlines Impacting Uber Technologies

Here are the key news stories impacting Uber Technologies this week:

• Positive Sentiment: Revenue growth driven by delivery — Uber reported ~20% Q4 revenue growth and food-delivery results that beat estimates, supporting near-term topline strength. Article Title
• Positive Sentiment: Record engagement and cash flow — Management said monthly users and daily trips hit all-time highs and emphasized “significant cash flow” and a clear path to scale. That underpins confidence in longer-term free cash flow conversion. Article Title
• Positive Sentiment: Analyst support — Needham reaffirmed a Buy and $109 price target, highlighting operational leadership and pricing power as reasons to be constructive. Analyst backing can buoy sentiment. Article Title
• Neutral Sentiment: Robotaxi / AV narrative continues — Management and some analysts point to autonomous vehicles as a multitrillion-dollar long-term opportunity, but near-term impact and timing remain uncertain. This is strategic upside, not immediate earnings relief. Article Title
• Neutral Sentiment: Asia expansion — Uber has relaunched in Macau and is cautiously re-entering Asia, which could expand TAM over time but is unlikely to move near-term earnings materially. Article Title
• Negative Sentiment: EPS miss and weak profit guide — Uber missed some Q4 profit estimates and explicitly forecast Q1 profit below market expectations; that guidance is the primary near-term catalyst for downward pressure. Article Title
• Negative Sentiment: Margin pressure from cheaper rides — Management’s strategy to grow trips with more affordable options boosted volumes but squeezed margins, weighing on near-term profitability. Article Title
• Negative Sentiment: Regulatory / legal overhang — Reports of a €1.7B (~$2.8B) claim in France over driver status remain a potential sizable liability and sentiment headwind. Article Title
• Negative Sentiment: AV valuation uncertainty — Bank of America and others flag near-term autonomous-vehicle uncertainties that complicate valuation assumptions for Uber’s long-term growth story. Article Title

Analyst Upgrades and Downgrades

Several brokerages have recently commented on UBER. Barclays decreased their price target on Uber Technologies from $110.00 to $107.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 5th. Stifel Nicolaus decreased their target price on Uber Technologies from $122.00 to $105.00 and set a “buy” rating on the stock in a research report on Tuesday, January 27th. Truist Financial upped their target price on Uber Technologies from $96.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Piper Sandler set a $107.00 price target on Uber Technologies in a research report on Wednesday, November 5th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Uber Technologies in a research report on Wednesday, November 5th. Four research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $107.19.

Uber Technologies Price Performance

Uber Technologies stock opened at $77.93 on Wednesday. The stock has a market capitalization of $161.91 billion, a P/E ratio of 10.02 and a beta of 1.21. Uber Technologies, Inc. has a 12-month low of $60.63 and a 12-month high of $101.99. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.15 and a quick ratio of 1.15. The firm’s 50-day moving average is $83.78 and its two-hundred day moving average is $90.05.

Uber Technologies (NYSE:UBER) last posted its quarterly earnings data on Wednesday, February 4th. The ride-sharing company reported $0.71 earnings per share for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.12). Uber Technologies had a net margin of 33.54% and a return on equity of 68.17%. The firm had revenue of $14.37 billion during the quarter, compared to analyst estimates of $14.32 billion. Equities analysts predict that Uber Technologies, Inc. will post 2.54 earnings per share for the current year.

Uber Technologies Company Profile

Uber Technologies, Inc is a technology company that operates a global platform connecting riders, drivers, couriers, restaurants and shippers. Founded in 2009 by Garrett Camp and Travis Kalanick and headquartered in San Francisco, Uber developed one of the first large-scale ride-hailing marketplaces and has since expanded into a broader set of mobility and logistics services. The company completed its initial public offering in 2019 and continues to position its app-based network as a multi-modal transportation and delivery platform.

Uber’s principal businesses include mobility services (ride-hailing and shared rides), delivery through Uber Eats, and freight logistics via Uber Freight.